What happened
Shares of Netflix (NASDAQ: NFLX) were moving lower today after the company disappointed the market with its first-quarter earnings report. Netflix met analyst expectations, but missed the mark with its guidance, and delayed the rollout of its crackdown on password s
Netflix Inc's shares fell nearly 3% on Wednesday after the streaming pioneer forecast current-quarter revenue and profit below Wall Street estimates, hit by a delay in the wider roll-out of its solution to password sharing.
A gauge of global stocks fell on Wednesday after two straight days of gains as investors gauged the latest earnings reports, while the 10-year U.S. Treasury yield hit its highest level in a month after British inflation data and expectations for a Federal Reserve interest rate hike in May remained elevated.
In early trading on Wednesday, shares of Intuitive Surgical topped the list of the day's best performing components of the Nasdaq 100 index, trading up 12.1%. Year to date, Intuitive Surgical registers a 13.8% gain.
And the worst performing Nasdaq 100 component thus far on the
Pre-market futures are sullen prior to today’s open, perhaps partly with some residue from Netflix’s (NFLX) Q1 earnings disappointment after yesterday’s close. Market participants also are starting to walk back the notion that the Fed is done raising interest rates until
Netflix (NASDAQ: NFLX) stock was essentially unchanged (it slipped 0.1% to be exact) in after-hours trading on Tuesday, following the video streaming giant's release of its results for the first quarter of 2023.
Wednesday, April 19th, 2023Pre-market futures are sullen prior to today’s open, perhaps partly with some residue from Netflix’s NFLX Q1 earnings disappointment after yesterday’s close. Market participants also are starting to walk back the notion that the Fed is done rais
Wall Street's main indexes fell on Wednesday as Treasury yields rose on growing expectations that the Federal Reserve could keep interest rates higher for longer, while mixed earnings from regional banks and weakness in Tesla further dented sentiment.
Netflix NFLX reported mixed first-quarter 2023 results after the closing bell on Tuesday. The world's largest video streaming company topped the earnings estimate while lagging on revenues. It also provided downbeat guidance.As such, shares of Netflix initially plunged as
Netflix (NASDAQ: NFLX) didn't exactly impress investors with its first-quarter results on Tuesday afternoon. Revenue fell short of its earlier forecast. Subscriber additions came in a bit weak. Netflix's top- and bottom-line guidance for the current quarter was shy of where Wall
Fintel reports that on April 19, 2023,
Piper Sandler
maintained
coverage of Netflix (NASDAQ:NFLX) with
a Neutral recommendation.
Analyst Price Forecast Suggests 9.27% Upside
Fintel reports that on April 19, 2023,
JP Morgan
maintained
coverage of Netflix (NASDAQ:NFLX) with
a Overweight recommendation.
Analyst Price Forecast Suggests 9.27% Upside
Fintel reports that on April 19, 2023,
Deutsche Bank
maintained
coverage of Netflix (NASDAQ:NFLX) with
a Buy recommendation.
Analyst Price Forecast Suggests 9.27% Upside
Fintel reports that on April 19, 2023,
Rosenblatt
maintained
coverage of Netflix (NASDAQ:NFLX) with
a Neutral recommendation.
Analyst Price Forecast Suggests 9.27% Upside
In this video, I will go over Netflix's (NASDAQ: NFLX) first-quarter earnings report, which was better than expected. The company also shared some interesting metrics regarding its competitors, their advertising push, and their exit from the disc-mailing business (yes, that was s
U.S. stocks were set to open lower on Wednesday as Treasury yields rose on growing expectations that the Federal Reserve could keep interest rates higher for longer, while mixed earnings from regional banks and weakness in Tesla further dented sentiment.
Netflix NFLX reported first-quarter 2023 earnings of $2.88 per share, beating the Zacks Consensus Estimate by 1.77%. However, the figure slumped 18.4% year over year.Revenues of $8.16 billion increased 3.7% year over year but lagged the consensus mark by 0.25%. On a forei
With Netflix (NASDAQ: NFLX) rolling out its ad-supported subscription tier for the first time last November, many investors were likely looking to the company's first-quarter report on Tuesday for an update on the new business. Fortunately, there's good news. The streaming-TV ser
U.S. stock index futures fell on Wednesday as Treasury yields rose on expectations the Federal Reserve could keep interest rates higher for longer, while a slide in Tesla and Netflix shares was set to weigh on the tech-heavy Nasdaq.